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MANILA, Philippines — President Marcos wants Congress to act on a measure that seeks to recalibrate personal income taxes and provide relief to microenterprises, which he highlighted in his State of the Nation Address (Sona).
“The president wants the Progress bill to be passed this year, if possible,” Palace press officer Claire Castro said on Tuesday, referring to the proposed “Promoting Growth, Revenue, and Equity toward Socio-economic Sustainability” (Progress) bill.
In his July 27 Sona, Marcos drew applause when he pushed for the passage of the tax reform measure to ease the financial burden on middle-class workers as well as micro and small enterprises.
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